Tag: fraud

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Crypto Exchanges

FinCEN ties $12.7 billion in crypto scam flows to overseas fraud rings

The Financial Crimes Enforcement Network (FinCEN), division of the U.S. Treasury, has identified about $12.7 billion in financial activity reported by U.S. institutions...
Crypto Exchanges

Police arrest 3,018 suspects across 10 jurisdictions in $752 million fraud crackdown

Operation FRONTIER+ III, a coordinated two-month operation involving law enforcement from 10 countries has ended in the arrests of more than 3,000 people.  The...
Crypto Exchanges

Do Kwon pleads guilty in $40B Terra/Luna fraud – Details

Key Takeaways Terraform Labs co-founder Do Kwon has agreed to plead guilty to wire fraud and conspiracy charges, securing a reduced 12-year sentence recommendation...
Crypto Exchanges

TV director faces charges for $11M fraud in crypto, luxury car spree

The US Department of Justice (DOJ) has charged television director Carl Erik Rinsch with defrauding a major streaming company of $11 million.In a...
Crypto Exchanges

SEC launches new unit to combat crypto fraud and cybercrime